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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (48613)7/27/1998 6:13:00 PM
From: Bald Man from Mars  Read Replies (1) | Respond to of 58727
 
Look at the Nasdaq, it closes practically unchange with
the 4 big ones DELL up 5, MSFT up 3, INTC up 3, CSCO unchange
which means a lot of other smaller issues are down quite
a bit, the MM are using the big ones to mask the underlying weakness
so that the small investor thought that it was a very impressive
rally from down 2% to close unchanged ...

Looking to buy some puts in DELL ...
Earnings coming out very soon, and a very good alibi to take it
down ...